bet365 Bonus Code TOPACTION Unlocks $150 Bonus or $1K Insurance Bet for All Sports This Weekend

With a full slate of NBA, college ball, NHL, golf, NASCAR and more on Sunday, you can take advantage of a choice between two welcome offers by using the bet365 bonus code TOPACTION.

The bonus value can be accessed through either a bet/get of $5 for $150 or a first bet on the house of $1K.

When signing up (use the modules below) you can pick which one you want to go with after entering the bet365 bonus code TOPACTION.

I'll discuss more about how these offers work on Sunday if you read on.

How to Use bet365 Bonus Code

Both of these offers are designed to return some kind of bonus value. The only scenario you won't have them is if you win after applying the first bet on the house. In that case, you will have your payout in real money.

The insurance bet will return your losses up to $1K on your first wager on the site, so if you place a $50 first bet on St. Johns -0.5 against Creighton and lose, you will have $50 in bonus bets. If St. Johns covers, you would instead have your payout and the promo is over with.

The $150 bet/get requires a minimum $5 first bet on -500 or longer odds. If you placed that same St. Johns bet with this offer, you would get your payout plus the $150 if they cover, but only the $150 if not.

Bonus bets go away without use after seven days at bet365, which is the standard time amongst all the top online sports betting sites.

When it comes to the best way to use a sportsbook bonus, you should always consider an underdog, parlay or longer player prop. This is the best way to capitalize on the opportunity you are being given.

This strategy nets a positive expected value aince you're not "risking" anything with bonus bets. The expected value is the probability multiplied by the amount you can expect to win.

UAB is an attractive moneyline play against Tulane on Sunday with +150 estimated odds at the time of this writing. You could theoretically place $100 in bonus bets (which can be placed in any amounts at a time) on UAB to win and get a payout of $150, which doesn't include the stake.

bet365 Terms & Conditions

Here are the important points to know about this offer:

• States available: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia
• You'll get the bonus bets about one hour after your first bet settles.
• Make your first bet within 30 days of account creation
• If you're inactive for 90 days, your account will be closed.
• You can't bet on both sides of the same game to lock in a profit.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply.

Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.